President FPCCI expresses concerns over recent hike in Oil and Gas prices

Karachi, February 02, 2018 (PPI-OT): Ghazanfar Bilour, President FPCCI has shown his deep concern over recent hike in the prices of petroleum products and LPG. He stated that this will increase the cost of production and Pakistani products will suffer in competitiveness. Consequently, there will a further negative impact on our already declining exports.

He further said a huge population is living below the poverty line in the country. The current increase in prices will increase burden on the poor masses in particular and overall on general public, as the prices of commodities will rise. He urged the government that these increases may be withdrawn.

For more information, contact:
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Karachi-75600, Pakistan
Tel: +92-21-35873691, 93-94
Fax: +92-21-35874332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk